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Pre-Halving Rally: Bitcoin Minetrix Set to Gain as Kaspa and Solana Face Correction

Frenzy has gripped the crypto market again. Bitcoin’s surge beyond the long-awaited $50,000 mark renews optimism in cryptocurrencies. It was in December 2021 Bitcoin touched the milestone the last time. Fast-forward two years, a lot has changed. While Bitcoin leads the rally, altcoins like Solana and Kaspa steal the spotlight with higher surges. But with their price correction imminent, traders are turning to more potent tokens like Bitcoin Minetrix and SMOG this week to ride...

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Bitcoin (BTC) Crowd Flashes Greed Sign, Here’s What it Means

Bitcoin’s meteoric rise continues as its total market value surpasses $1 trillion, fueled by a surge in price to over $51,000 on February 14th. This increase follows rising interest from not just individual but also institutional investors, propelling Bitcoin to sustainable price appreciation despite significant challenges. Despite the latest milestone, data suggests an ongoing battle among traders revolving around the asset’s $50,000 market value. At such psychological...

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Solana (SOL) Price Analysis: Uptrend Intact Above $100

Solana price started a downside correction from the $115 zone against the US Dollar. The price is now trading above $102 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $109 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $109 and $106 support levels to start another increase. Solana price is trading above $106 against the US Dollar, like Bitcoin. SOL is...

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Bitcoin Price Analysis: BTC Maintains Uptrend At $50K

Bitcoin price started a downside correction from the $50,450 zone against the US Dollar. The price is now trading above $46,500 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $49,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $48,500 support zone. Bitcoin price is correcting lower below $49,800 against the US Dollar. BTC might...

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Peter Thiel’s Fund Back into Bitcoin and Ether, Sparking Silicon Valley’s Crypto Interest: Report

Founders Fund, the venture capital enterprise founded by billionaire Peter Thiel, is reportedly reinvesting in Bitcoin and Ether, as per reports. This move by the San Francisco-based venture capital firm, which has roughly $12 billion in total assets under management as of 2023, marks a resurgence of Silicon Valley’s interest in the crypto market. Silicon Valley’s Crypto Comeback According to sources familiar to Reuters, Founders Fund dedicated $200 million in the past year...

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Crypto Fear and Greed Index Soars to Highest Level Since Bitcoin’s ATH in 2021

The Crypto Fear and Greed Index, a tracking tool for market sentiment in crypto, has surged as high as 79 out of 100, hitting a level not seen since Bitcoin peaked at $69,000 in November 2021. The increase, observed on February 13, comes as Bitcoin surpassed the $50,000 mark a day earlier. Crypto Fear and Greed Index Hits ‘Extreme Greed’ For the first time in more than two years, the Crypto Fear and Greed Index is in the “extreme greed” zone, which happens when the value of...

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